Gelotto Newsletter 16NOV2022

Gelotto Newsletter 16NOV2022

Edition #008


3 min read

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Gelotto Events

  • Weekly schedule for Gelotto Poker

    Three weekly VIP games and two weekend buy in games. Please give feedback about this format in Discord.

    Read More Here
    dragon poker.png weekend buy in.png

Gelotto Shoppe NFT Update

Dev Update

  • Lottery v2 will have the following updates

    - Tournament-style lotteries with multiple rounds, pots that spill over into the next round, distinct ticket price and other parameters.
    - Ability to add external incentives, like NFT's and other tokens
    - Ability to specify custom royalty recipients to share a % of ticket proceeds
    - Ability to cancel games and refund orders
    - Storage of theme data in the contract to make it possible to create a better game listing page
    - Ability for a game to end upon reaching a target funding level or number of tickets sold
    - Games that auto reset or loop with repeating rounds
    - Ability for games to autocomplete upon reaching one or more targets, including target ticket count, target, wallet count, and target date
    - Optionally public lucky messages to be displayed on the game page


  • There will be a weekly Gelotto Lottery on the games page. This weeks lottery will run from Sunday to Sunday and costs 1000 GLTO per ticket. With a ticket cap of 10 tickets per wallet

    Click here to enter this Sunday's lotto ending November 20th

  • Congrats to last Sunday's Gelotto Lotto Winner who received 116,100 GLTO and Second place received 77,4000 GLTO. Total Pot Prize was 215,000 GLTO (~$300.00)!

  • There are several lottery games lasting from hours to days. Test your luck and see how much you can win here

Other News

  • Crypto prices still down due to FTX debacle even though US stock markets up and DXY down. BTC <17k with many analysts calling for an 11-14k bottom.

  • Several major financial institutions + the NY Fed launch a 12-week experimental digital dollar pilot. Conspiracy theorists fear the worst. Extreme optimists hope for crypto adoption.

  • Missile initially reported as Russian but subsequently reported as Ukrainian lands in Poland, killing 2. Possible escalation of war may add to market volatility.

Weekly Shout Out

Delegate With Gelotto Validators

  • Minimum staking values for monthly Gkey Airdrop

    10k $GLTO in either Osmosis or Juno to earn monthly GKEY fairdrops.
    35 ATOM
    50 JUNO
    1,000 STARS
    69 EVMOS
    100 OSMO
    100 KUJI
    250 TORI
    50 JKL
    500,000 Chihuahua
    All of the above chains have a Gelotto Validator and a separate Gkey drop. Stake the minimum amount to Gelotto's Validator to receive Gkey in your Juno wallet.

Validator Votes